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[WTB] Mortgage Cosigner
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Topic: [WTB] Mortgage Cosigner (Read 631 times)
bitpop
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[WTB] Mortgage Cosigner
May 24, 2013, 02:24:05 AM
#1
I am willing to pay top dollar for someone to help me cosign a mortgage. I have no family I can ask. I have good credit and equity. I need someone in California with good credit and high income.
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bitpop
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Re: [WTB] Mortgage Cosigner
May 24, 2013, 02:30:30 AM
#2
Well my equity and how I intend to make sure it gets paid. Plus, with my down payment there would be no forclosure, it would be an equal quick sell unless the markets tank a lot.
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AndrewK
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Re: [WTB] Mortgage Cosigner
May 24, 2013, 02:43:04 AM
#3
You have been around a while... I'm sure you have the bitcoin to cover a down payment... SELL YOUR BITCOIN. If this is not an option... I may be able to help you.
For me it would require a good 30% of the loan's value to be escrowed in bitcoin. I would also require a percentage upfront origination in bitcoin and an APR paid in bitcoin.
Details can be discussed via pm.
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bitpop
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Re: [WTB] Mortgage Cosigner
May 24, 2013, 03:06:19 AM
#4
Sadly I sold most of mine at $1. 30% escrow on 500k isn't feasible as it would much better used as a down payment or invested. It would be trashed sitting in escrow for 15 years.
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CurbsideProphet
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Re: [WTB] Mortgage Cosigner
May 24, 2013, 03:33:51 AM
#5
Quote from: bitpop on May 24, 2013, 03:06:19 AM
Sadly I sold most of mine at $1. 30% escrow on 500k isn't feasible as it would much better used as a down payment or invested. It would be trashed sitting in escrow for 15 years.
You'd probably be better off listing your terms, "top dollar" is rather subjective.
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bitpop
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Re: [WTB] Mortgage Cosigner
May 24, 2013, 03:36:30 AM
#6
True. I will pay you $10k. I will put 10% down on a ~500k loan. Probably 15 years.
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